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Nov 14, 2012
11/12
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everything from defense to education to food safety to environment programs all impacted. the bush era tax cuts will expire with a hike in tax rates for all brackets. 26 million more taxpayers will be hit with the amt. the payroll tax holiday expires and the federal unemployment benefits extension will also expire. the nonpartisan congressional budget office says that would cause the economy to contract and push unemployment over 9%. david cody, one of those that took part in the meeting, says if a compromise can't be reached, it could send a very bad message to the markets. >> you could have a recession far greater than forecasted because now you get to this crisis of confidence that says my god, those guys can't govern at all anymore. the most fiscally responsible big nation in the world just can't govern itself, so what hope do you have? >> if congress does not act, growth will stall. jobs will be lost and our nation's credit will be hurt. >> the business round table, a lobbying group of the country's leading ceos, began running print and web spots to pressure republica
everything from defense to education to food safety to environment programs all impacted. the bush era tax cuts will expire with a hike in tax rates for all brackets. 26 million more taxpayers will be hit with the amt. the payroll tax holiday expires and the federal unemployment benefits extension will also expire. the nonpartisan congressional budget office says that would cause the economy to contract and push unemployment over 9%. david cody, one of those that took part in the meeting, says...
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Nov 19, 2012
11/12
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CNBC
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most of the people that trade the bank stocks right now say low interest rate environment and no growth or low growth environmentment in 2013. reason they are not particularly optimistic. today these stocks are bouncing back. carl, they have been beaten up badly in the last couple of months. >> thanks, bob. bob pisani. send it back to head quarters and kayla. she has the market flash. >> watching diamond food. the stock tlaubled for the last year a half. down another 11% today on a downgrade from jefferies. jefferies saying there is a -- 33% more downside for this company to go. last week it restated earnings for the last two years. wipe out about $56 million in profit. they had problem was their accounting and with the payme payments. >> meantime, tensions rising in the middle east. senior official close to binyamin netanyahu is ready for ground invasion in the gaza strip but prefers diplomatic solution to that conflict. >> reporter: hello there. in fact, it is nighttime in g . gaza. the attention is shifting south of where we are. focusing more on cairo, egypt. that's where intense ne
most of the people that trade the bank stocks right now say low interest rate environment and no growth or low growth environmentment in 2013. reason they are not particularly optimistic. today these stocks are bouncing back. carl, they have been beaten up badly in the last couple of months. >> thanks, bob. bob pisani. send it back to head quarters and kayla. she has the market flash. >> watching diamond food. the stock tlaubled for the last year a half. down another 11% today on a...
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Nov 16, 2012
11/12
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so we brought other issues into the election like how we treat the poor, how we treat the environment, how we welcome strangers. you in evangelicals last week writing the president last week saying how we treat the immigrant undocumented people is for us a biblical issue. we're going to write them again this week, the president and say who are serving the poor at christmastime and thanksgiving we're involved in that. those of us who are doing that are going to say to our members of congress don't make decisions that make the poor poorer and make our work harder. so you might say we're doing turkey baskets for the poor than baskets of letters to our some of our turkeys who represent us in congress. >> the moral majority for so longing had sway with partisan sway. do you think that their influence has waned? is that over now. >> here's the big change. the religious right for a long time tried to control the meaning of the word evangelical and make it a partisan political word. it's not. it's a theological term. it's about following jesus christ. it's about taking the bible seriously. an
so we brought other issues into the election like how we treat the poor, how we treat the environment, how we welcome strangers. you in evangelicals last week writing the president last week saying how we treat the immigrant undocumented people is for us a biblical issue. we're going to write them again this week, the president and say who are serving the poor at christmastime and thanksgiving we're involved in that. those of us who are doing that are going to say to our members of congress...
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Nov 14, 2012
11/12
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that's 7% in a zero interest rate environment. we all knew it was going to be a slow economy. we all knew the market was going to grow slow. the bottom line is even with the decline in the last eight days, we're still up 6.5%, 7%. >> you're saying to buy into this selloff? >> i think you have to buy into it. where are you going to put your money? most of the money is going into fixed income. that's just crazy. we know future interest rates are going to go higher. that's not going to hurt corporations. it's not going to hurt profits, but what it is going to do is hurt the individual investor. they should be in equities. when you look at the dividend plays out there, it's crazy not to be. >> boy, when it comes to the markets, michael, you could not have a more different point of view, could you? >> we have about 30% cash. i took out another about 20%. we're about 50% today in cash. i don't think the fiscal cliff is going to happen. i think they're going to punt. i don't think anybody in washington, d.c. has the meatballs or spaghetti to care about cutting our debt and deficits.
that's 7% in a zero interest rate environment. we all knew it was going to be a slow economy. we all knew the market was going to grow slow. the bottom line is even with the decline in the last eight days, we're still up 6.5%, 7%. >> you're saying to buy into this selloff? >> i think you have to buy into it. where are you going to put your money? most of the money is going into fixed income. that's just crazy. we know future interest rates are going to go higher. that's not going to...
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it's a question more and more people are aware of today climate change and the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. sitting down with r.t. for a one on one interview is robert mcnally the founder and president of the rapid and group mr mcnally also served as top domestic and international energy adviser to george w. bush mr mcnally thank you very much for sitting down with r.t. today you're very welcome glad to be here you have said that the u.s. the e.u. and israel give a fifty fifty probability that a war with iran would happen how big of a window of opportunity still exists to prevent any military action well i think it's closing very quickly iran. according to most nonproliferation experts nuclear experts will by sometime next year be at the point where they could quickly break out and enrich enough weapons grade uranium to then later weaponize and it's the enrichment process which is the most detectable and stoppable or to label part of building a nu
it's a question more and more people are aware of today climate change and the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. sitting down with r.t. for a one on one interview is robert mcnally the founder and president of the rapid and group mr mcnally also served as top domestic and international energy adviser to george w. bush mr mcnally thank you very much for...
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Nov 15, 2012
11/12
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CNN
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devastating the environment there. tourism costing many people their jobs, as well. cnn's ed lavandera saw the devastation firsthand when he covered the story. ed, as, of course, we wait eric holder's arrival, i'll let you proceed and may have to interrupt you as soon as he is to enter the room. so, what kind of reaction is there from this $4 billion planned settlement? >> reporter: well, i think a lot of people in the gulf coast region trying to figure out what all of this means and the money will be parcelled out. >> all right. sorry about that, ed. you have to hold that thought there. here's u.s. attorney general eric holder. >> i'm honored to join with associate attorney general tony west, assistant attorney general for the criminal division of the justice department lanny brewer, director robert casami of the security and exchange division, john beretta, head of the de deepwater horizon and achieving justice for those whose lives and livelihoods were impacted by the largest environmental disaster in the history of the united states. and to hold accountable -- ho
devastating the environment there. tourism costing many people their jobs, as well. cnn's ed lavandera saw the devastation firsthand when he covered the story. ed, as, of course, we wait eric holder's arrival, i'll let you proceed and may have to interrupt you as soon as he is to enter the room. so, what kind of reaction is there from this $4 billion planned settlement? >> reporter: well, i think a lot of people in the gulf coast region trying to figure out what all of this means and the...
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Nov 16, 2012
11/12
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FBC
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and you'll see lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would commend lyric to a friend or loved one. can your hring aid do all this? lyric can. to learn more out lyric's advanced technology, call or visit trylyric.com for a risk--free 30--day trial offer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric cacan do for you. lyric from phonak. life is on. stuart: industrial production down 0.4% mainly because of fannie. the dow is down 14 points. that is a response of industrial production numbers. the price of oil holding steady. trouble in gaza keep soil around $86 a barrel. we want to bring you some of yesterday's "varney and company" fire. mitt romney told his donors he couldn't compete with, quote, gifts president obama was offering. that did not sit well with charles. listen to this. stuart: charles: mitt romney had to explain and y
and you'll see lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would commend lyric to a friend or loved one. can your hring aid do all this? lyric can. to learn more out lyric's advanced technology, call or visit trylyric.com for a risk--free 30--day trial offer. you'll also get a free...
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agreed to plead guilty to charges in the deadly fuel spill in the gulf of mexico which devastated the environment and claims the lives of eleven people the corporation will pay a record a settlement with the u.s. authorities worth four point five billion dollars in return for the case being closed three employees had to face charges over the twenty ten disaster two of them four months longer the company will soon get the money from the sale of fifty percent of b.p. to the russian oil giant also yet. the debt crisis is predicted to drive the eurozone into its second recession since two thousand and nine according to a new survey it says that negative growth is forecast to return next year news of the economic downturn comes amid waves of protests by millions of people across europe this week demanding the end of a stellar selections. people england and wales have been given a choice of where they want to see the peace in their local areas they have voted for police and quiet commissioners for the first time but the new development goes hand in hand with all problems with a former london police chi
agreed to plead guilty to charges in the deadly fuel spill in the gulf of mexico which devastated the environment and claims the lives of eleven people the corporation will pay a record a settlement with the u.s. authorities worth four point five billion dollars in return for the case being closed three employees had to face charges over the twenty ten disaster two of them four months longer the company will soon get the money from the sale of fifty percent of b.p. to the russian oil giant also...
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Nov 14, 2012
11/12
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when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're trying to protect for the downside and keep that optionalty if the economy improves. comcast could be a monster return on capital going forward. and that's been a big core holding for quite a while, as well. >> no kidding, you've done well -- you bought it down in the low 20s? >> i don't know the actual cost price in front of me. i can tell you it's been one of our big holdings for a couple of years. home depot and lowe's we bought at the end of '11. we had a thesis that housing was bottoming. and now the housing improvement is accelerating and that's a big deal for the u.s. economy when you think about the spillover effect in construction jobs, you know, furniture, auto, cement, everything that comes with household formation in new home purchases. >> well, we want to thank you for joining us today. >> my pleasur
when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're trying to protect for the downside and keep that optionalty if the economy improves. comcast could be a monster return on capital going forward. and that's been a big core holding for quite a while, as well. >> no kidding, you've done well -- you...
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Nov 18, 2012
11/12
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WUSA
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that's unacceptable in today's environment. >> schieffer: do you have any answers yet as to why-- we know that they had asked to maintain their-- the current level of security and that was turned down. do we have any idea on what that decision was based on? >> no, and we're still getting to the bottom of that. that's one of my primary concerns. and that's certainly what i'm driving. first of all, why there was failure for adequate security at the temporary mission. and secondly, why they didn't assess the security risks posed to that facility? they had abundance of threat reports and incidents, both to that facility and other consulates that would have suggested that they were in a high-threat environment. i sponsored-- i cosponsored the initial legislation-- i was the lead republican in the house-- to create the diplomat security bureau and the accountability review board that also has been initiate so we can get to the bottom of who is responsible. there was minimal security. the barriers weren't sufficient. the attackers, the mob, overran the complex. the militia we were depending
that's unacceptable in today's environment. >> schieffer: do you have any answers yet as to why-- we know that they had asked to maintain their-- the current level of security and that was turned down. do we have any idea on what that decision was based on? >> no, and we're still getting to the bottom of that. that's one of my primary concerns. and that's certainly what i'm driving. first of all, why there was failure for adequate security at the temporary mission. and secondly, why...
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Nov 15, 2012
11/12
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CNBC
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we'll ask a top ranked analyst how investors in fiscal cliffs should be playing the current environment when squawk returns. >>> many sectors of the economy would be directly affected if the u.s. economy goes off the fiscal cliff. not the least of which, the financials. we were talking about the white house and the meeting that happened yesterday. only ken chenault, of all the financials, and i don't know if you put him in the traditional category, not a classic wall street guy, is that a problem? >> i think that was an omission, there were no large commercial bankers or wall street bankers in that meeting yesterday. so i thought that was quite interesting that the white house chose not to invite anyone. >> where are you on on financials right now? the stocks have come off. it's been a horrific little ride here. >> it has. the bank stocks have been one of the best performing sectors going into the third quarter. they're up over 20%. they've been one of the weakest sectors since the third quarter results. and i think what's happened is this fiscal cliff has everybody concerned especially
we'll ask a top ranked analyst how investors in fiscal cliffs should be playing the current environment when squawk returns. >>> many sectors of the economy would be directly affected if the u.s. economy goes off the fiscal cliff. not the least of which, the financials. we were talking about the white house and the meeting that happened yesterday. only ken chenault, of all the financials, and i don't know if you put him in the traditional category, not a classic wall street guy, is...
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Nov 12, 2012
11/12
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FBC
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and you'll see lyric can also give you exceptially clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would recommend lyric to a friend or loved one. can your hearingid do all this? lyric can. to learn more about lyric's advanced technology, call or visit trylyric.com for a risk--free 30--day trial offer. you'll alsget a free informational dvd and brochure. why wait? hear today what a little lyric cacan do for you. lyric from phonak. life is on. >> i am not optimistic about president obama's next four years. i think it will be very choppy. i'm very very concerned as you know to the fiscal cliff. to the extent we're buying, large megacaps, it is in the industries the world has to have as opposed to wants to have. charles: that was keith fitzgerald on our last hour clearly treading very lightly when it comes to the markets. we are following them for you. we begin at 9:20 eastern here on varney & company. let's take a look at the
and you'll see lyric can also give you exceptially clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would recommend lyric to a friend or loved one. can your hearingid do all this? lyric can. to learn more about lyric's advanced technology, call or visit trylyric.com for a risk--free 30--day trial offer. you'll alsget a free...
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Nov 20, 2012
11/12
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CNBC
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they'd like to know what environment they're operating in. they effect them personally and the families of the people that work for them. >> can you get a franchise alone? is it easier than it was a year ago? >> yeah, credit market has loosened up a bit for our franchisees and we're fortunate our model in the investment on the investment side that we don't have to be highly leveraged and our franchisees don't have to be highly leveraged going in. they're able to pay investment out of cash but whenner this borrow money they're getting sba loans out there, smaller banks but it is tougher and it affects their growth. that's for sure. >> the smell is killing me here, i mean in a good way. it's 5:00 somewhere or noon somewhere. bob wright, thank you. we appreciate your time this morning and keep it short. >> are you going for the sub? which way? >> i don't know. >> i could eat it but i know he's an ohio state fan. go blue this weekend. i'm going to holdoff. >>> when we come back we'll talk about betting on a deal to avoid the fiscal cliff. caesar'
they'd like to know what environment they're operating in. they effect them personally and the families of the people that work for them. >> can you get a franchise alone? is it easier than it was a year ago? >> yeah, credit market has loosened up a bit for our franchisees and we're fortunate our model in the investment on the investment side that we don't have to be highly leveraged and our franchisees don't have to be highly leveraged going in. they're able to pay investment out...
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Nov 13, 2012
11/12
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CNBC
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he says it remains one of caution in this environment. carl, back to you. >> wednesday is the day when they name the new partners at goldman, i believe. >> that's right. >> people waiting for the call. >> people close to or a source close to goldman sachs says it will be the smallest class in over a decade. probably less than 70 will be named partners at goldman sachs this year. back to you. >> thank you so much. mary thompson at headquarters. a big mover in drilling and natural gas space. >> weatherford this morning off 12% at 3.5 year low. the company warning that fourth quarter is going to come in for earnings below consensus on that number. and they also said that they still have not been able to resolve what they call material weakness in internal controls over financial reporting. they actually didn't break out their third quarter numbers. stock getting hit hard on a day when energy is already to the downside. >> motor trend magazine naming tesla's sedan the car of the year. will the model live up to the hype? we'll find out when te
he says it remains one of caution in this environment. carl, back to you. >> wednesday is the day when they name the new partners at goldman, i believe. >> that's right. >> people waiting for the call. >> people close to or a source close to goldman sachs says it will be the smallest class in over a decade. probably less than 70 will be named partners at goldman sachs this year. back to you. >> thank you so much. mary thompson at headquarters. a big mover in...
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Nov 18, 2012
11/12
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FOXNEWSW
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of dollars from the state tax, it forces the breakup of branches and farms and it's not good for the environment, not good for the future generations and it's not good for american in general. >> he inherited the ranch decades ago. come january, the tax burden on his children would be more than $13 million. currently the estate tax raises $14 billion. it affects 3,000 and jumps to 52,000 families. $40 billion in revenue next year. families should not pass on the wealth. especially unrealized capital gains but farmers and ranchers say it's unfair. back to you. >> thank you. you heard of black friday a cyber monday. what about the one in between? small business saturday. we'll tell you about it next. in behavior, ss thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serus allergic or s
of dollars from the state tax, it forces the breakup of branches and farms and it's not good for the environment, not good for the future generations and it's not good for american in general. >> he inherited the ranch decades ago. come january, the tax burden on his children would be more than $13 million. currently the estate tax raises $14 billion. it affects 3,000 and jumps to 52,000 families. $40 billion in revenue next year. families should not pass on the wealth. especially...
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hours dry southeast of the traditional tourist destination chipley but it's a world away from the safe environment the two guides the pitching. the town's become the scene of some of the fiercest fighting since the libyan uprising last year but despite reports of indiscriminate shelling and gas attacks on the local population at the hands of the libyan army there's been an almost total media blackout in the. field around the story for more than a fortnight before anyone else picked it up back in london and despite libya being showcased it seems that bani walid has once again been conveniently left out the conversation when i saw. it was of course with surprise and i came. back of the situation at the moment and if we have so many people it means situations they could be coming most and we can think for next season to do something with libya and it's a wonderful country so. what about what's happening in bani walid at the moment. but do you mean what's happened was being happening there there's been fighting do you know about that no we went to confront the tour operator i saw you speaking some peo
hours dry southeast of the traditional tourist destination chipley but it's a world away from the safe environment the two guides the pitching. the town's become the scene of some of the fiercest fighting since the libyan uprising last year but despite reports of indiscriminate shelling and gas attacks on the local population at the hands of the libyan army there's been an almost total media blackout in the. field around the story for more than a fortnight before anyone else picked it up back...
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Nov 20, 2012
11/12
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CNNW
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with h
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant,...
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Nov 20, 2012
11/12
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CSPAN2
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a broader base for its economy to develop a concept of security and other than intimidation of its environment. hy was meeting place with a group of people described as reformers in russia and many of the proposals of the strategy and so forth that the meetings, all of this means you want a democratic system and you are crazy. >> another question about china. the question is is there some level of corruption in chinese politicians inevitable and is there some level that is acceptable to the party and the problem lying ahead is above the threshold? >> it was primarily corruption. it was primarily an attempt to achieve pre-eminence or eminence of side -- outside the established patterns where progress is made within the party because if he succeeded with population methods it would change the structure of the party and some sense of corruption as well. there's some level of corruption acceptable? outside -- every indication is for there will be demonstrative efforts to curtail corruption. the second question, i think they will succeed but it will be -- >> another question from the group. with th
a broader base for its economy to develop a concept of security and other than intimidation of its environment. hy was meeting place with a group of people described as reformers in russia and many of the proposals of the strategy and so forth that the meetings, all of this means you want a democratic system and you are crazy. >> another question about china. the question is is there some level of corruption in chinese politicians inevitable and is there some level that is acceptable to...
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Nov 20, 2012
11/12
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CNNW
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investigations still. >> i think we need to know why he didn't say that in the briefing in the secured environment at the end of september. long past now. i think we need to know why later he came forward, and we need to know why the white house didn't know, and if they didn't know, why they should have known. >> thank you very much senator isakson, we appreciate you taking the time as we try toll find out what happened on september 11th and after in benghazi. >>> next, thousands of israeli soldiers are on the gaza border. he said a ground war's a possibility, but do israel's threats add up? special forces from israel faces off after this. >>> and a new factory opens in iowa. we are going to tell you why this is a really big deal in america. oh no, not a migraine now. try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered,
investigations still. >> i think we need to know why he didn't say that in the briefing in the secured environment at the end of september. long past now. i think we need to know why later he came forward, and we need to know why the white house didn't know, and if they didn't know, why they should have known. >> thank you very much senator isakson, we appreciate you taking the time as we try toll find out what happened on september 11th and after in benghazi. >>> next,...
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Nov 12, 2012
11/12
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CNBC
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and in these kinds of environments where we see few details often those are the best deals. it's when everyone has confidence and equity markets are up and everyone is feeling great that they do stupid things. >> right. there you go. >> let's check in with bob pisani here on the floor with more of what's moving this morning. >> boy, did i hear dumb talk over the weekend about going over the fiscal cliff. i guess you were going to hear it. go ahead. let them go over the fiscal cliff. who cares. i heard this even from some people whose opinions i respect. well known economists and columnists. good heavens. did anybody look at what happened last time we were talking about this? the fiscal cliff is a wake-up call to politicians. august 2011, we were all here sitting on this floor when they couldn't agree on simple ability to raise the debt ceiling and they downgraded the debt. remember what happened? the s&p dropped 7% that week on the monday after it dropped another 7%. the vix went to 50 for a long time it stayed there. it ruined it the entire summer. almost the entire year of
and in these kinds of environments where we see few details often those are the best deals. it's when everyone has confidence and equity markets are up and everyone is feeling great that they do stupid things. >> right. there you go. >> let's check in with bob pisani here on the floor with more of what's moving this morning. >> boy, did i hear dumb talk over the weekend about going over the fiscal cliff. i guess you were going to hear it. go ahead. let them go over the fiscal...
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Nov 19, 2012
11/12
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FBC
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it adds to the whole environment of intense uncertainty. you are asking people to make investors of their money or shareholders money at a time when nobody knows what the fiscal system will provide. connell: we talk to people on all sides of this debate. the conservative side represented by monica crowley. talking about the conversation changing from all of this from revenue to something about spending. from the business community's point of view, or you concerned? >> both are important. we need to address the fiscal cliff issue now. not december 301 or january 1. you'll get a lot of negative ahead of that. extend the tax treatment. extend the tax revisions. new found out for a period of time that will allow a real discussion about reform. connell: do you have to have a template in place or is it all right to just extend the current environment? >> i think what has been discussed is to come to some very broad agreement with goals for the relevant committees on the hill. that is good. that gives people a sense of where we are going. business
it adds to the whole environment of intense uncertainty. you are asking people to make investors of their money or shareholders money at a time when nobody knows what the fiscal system will provide. connell: we talk to people on all sides of this debate. the conservative side represented by monica crowley. talking about the conversation changing from all of this from revenue to something about spending. from the business community's point of view, or you concerned? >> both are important....
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Nov 16, 2012
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CURRENT
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they can't survive in that kind of environment. and so there's a long -- it could take decades before we know the impact, for example, on tuna and some of the other species of fish because, as i said, things build up. you don't know. >> something you were pointing out during the break which i didn't realize is that even though bp has agreed to pay the settlements to the s.e.c. and the federal government, there is a civil suit they're pushing forward with. >> that's under the clean water act. they're attempting to prove gross negligence led to this spill and if they can do that, they can be fined up to $4400 per barrel that was leaked and that could total more than $20 billion. if the government's able to make that case. there's a trial set to begin in february down in new orleans in u.s. district court. bp may settle before that. if they can -- if the government and the states all agree that the amount that they propose is okay. >> still individual lawsuits. folks affected by the business. >> there are thousands of cases where comp
they can't survive in that kind of environment. and so there's a long -- it could take decades before we know the impact, for example, on tuna and some of the other species of fish because, as i said, things build up. you don't know. >> something you were pointing out during the break which i didn't realize is that even though bp has agreed to pay the settlements to the s.e.c. and the federal government, there is a civil suit they're pushing forward with. >> that's under the clean...
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Nov 13, 2012
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>> the argument would be let the business situation environment be easier for us. as a small business owner it's very difficult right now. we don't know where taxes are going, we don't know the situation with healthcare, regulations are increasing every day. say, hey, listen mr. obama, look what happened over the last four years. businesses had to cutback and stop spending. and by doing that a lot of corporations actually inc increased their bottom line. what the government wants to do is bring in more revenue by taxing but keep spending the same amount. at the end of the day nothing changes. they need to give president obama a business 101 course, stop spending and bring in more revenue. >> the budget is actually going to grow even if the sequester were to go into place okay. the budget would grow. the federal government would continue spending even more. we are on a trajectory that is unsustainable here. bill: could you bend that curve with different policy? >> sure, i am ever hopeful that if you brought down tax rates, and you allowed american business to be inc
>> the argument would be let the business situation environment be easier for us. as a small business owner it's very difficult right now. we don't know where taxes are going, we don't know the situation with healthcare, regulations are increasing every day. say, hey, listen mr. obama, look what happened over the last four years. businesses had to cutback and stop spending. and by doing that a lot of corporations actually inc increased their bottom line. what the government wants to do is...
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Nov 17, 2012
11/12
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i believe we have an environment that will lend itself to us really doing that. it will be an extraordinary thing. you are right. it will not be easy. because -- you be, the federal government is still facing extraordinary deficits. i mean, we have a trillion-dollar-a-year deficit. we have to keep that in mind so that when the speaker talks about putting revenues on the table that in return, we actually can tell the people of this country that we are going to stop doing what we are doing and actually fwin to pay down the debt. so the tax code, i believe is the tool for us to grow. if we can implement pro-growth tax return, we will see entrepreneurs, investors put their money to work and grow this economy, create more jobs. that's -- that will be a significant piece of trying to go and manage down this debt and deficit. so all of the stars can aline if we can actually come together, set aside the differences and decide we are going to deliver a result for the people. >> greta: is there any cultural adjustment we can do within the federal government? i point to sen
i believe we have an environment that will lend itself to us really doing that. it will be an extraordinary thing. you are right. it will not be easy. because -- you be, the federal government is still facing extraordinary deficits. i mean, we have a trillion-dollar-a-year deficit. we have to keep that in mind so that when the speaker talks about putting revenues on the table that in return, we actually can tell the people of this country that we are going to stop doing what we are doing and...
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Nov 13, 2012
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we will continue to address what needs to be done in that environment. none of that is done without our dependence and involvement in the cyber war. technology drives everything we do. the internet has made is more connected than at any other time. the vast majority of our infrastructure reside in private sector. let me repeat that. the vast majority of our infrastructure reside in the private sector. the national security risks and the economic risks are still with the private sector. the government does not do it alone. they do it in concert with our partners and our partners are the private sector. for those of you were talking to earlier, with the work for the government or the private sector, you can contribute no matter where you are in whatever your professional desire is. this private-sector holds a lot of data and these are pretty profound -- their protection of the priorities is he has a list of priorities. this is the top five. the cyber threat is among the most serious challenges we face as a nation, and america's prosperity will depend on cy
we will continue to address what needs to be done in that environment. none of that is done without our dependence and involvement in the cyber war. technology drives everything we do. the internet has made is more connected than at any other time. the vast majority of our infrastructure reside in private sector. let me repeat that. the vast majority of our infrastructure reside in the private sector. the national security risks and the economic risks are still with the private sector. the...
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Nov 20, 2012
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point of saying, if you really want to know what is interesting in the area of foreign policy or the environment or cyber warfare, we can leave you in the right direction, and the technology is there so you and i can gather material in a fashion that is infinitely superior to what we used to use. we can harvest information. >> with the reporting, you are getting a ton of information. these curators can provide information, but how reliable is the information? is it based on reporting? >> two key facts have to be made. there is a brilliant material out there that is being well- reported. >> how do you know that? >> i have been told. on the other hand, the implication of your question is correct. we do not know. when something comes across on the internet we have no way of knowing what the intention, what the goal is, what the bias is of the people who are putting it out there. i will tell you something i learned from one of these talks. it was on the subject of google. the speaker was making the point that he was a progressive, and he said a friend of his who was very conservative, they took thei
point of saying, if you really want to know what is interesting in the area of foreign policy or the environment or cyber warfare, we can leave you in the right direction, and the technology is there so you and i can gather material in a fashion that is infinitely superior to what we used to use. we can harvest information. >> with the reporting, you are getting a ton of information. these curators can provide information, but how reliable is the information? is it based on reporting?...
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Nov 20, 2012
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to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. hmm, we need a new game. ♪ that'll save the day. ♪ so will bounty select-a-size. it's the smaller powerful sheet. the only one with trap + lock technology. look! one select-a-size sheet of bounty is 50% more absorbent than a full size sheet of the leading ordinary brand. use less. with the small but powerful picker upper, bounty select-a-size. use less. with the small but powerful picker upper, why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he ca
to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. hmm, we need a new game. ♪ that'll save the day. ♪ so will...
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Nov 16, 2012
11/12
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CNNW
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. >>> breaking news tonight. deadly fighting between hamas and israel is escalating with rockets raining down on both sides. very dangerous situation with the whole world watching. with me is cnn's fred pleitgen in israel, just a few miles from gaza. fred, what's the latest there? >> reporter: what we're seeing overhead is basically israeli war planes flying towards the border with gaza. almost constantly. it's been going on the entire night and we've seen a lot of air strikes going down from the israeli war planes on targets in gaza. what the israeli defense forces are saying is they've taken out at least 100 rocket positions there in gaza but nevertheless, there are still missiles also coming down from gaza here on israel. in fact, this town here has seen 20 rockets come down here and senator mccain was talking about the iron dome system before when he was talking to you. that's a missile defense system that's actually in place just a couple hundred yards
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. >>> breaking news tonight. deadly fighting between hamas and israel is escalating with rockets raining down on both sides. very dangerous situation with the whole world watching. with me is cnn's fred pleitgen in israel, just a few miles from gaza. fred, what's the latest there? >> reporter: what we're seeing overhead is basically...
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Nov 13, 2012
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CNN
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it's a very carefully constructed environment. if she has such material on her computer, it raises possible federal criminal issues. now, i have to tell you that this city is awash with documents that are still marked secret but really are not. and people become very casual. and it is possible that she could have gotten this material from people around general petraeus. that's part of the problem with having this type of relationship is that the general clearly wants her to be around, clearly favors her, and the subordinates may have lost some perspective. and helped her a little too much. >> let's move on to general allen. the fbi is not investigating him, the military is. what charges could he face? >> now, he faces a very straightforward article 134 on adultery if, in fact, he had an adulterous relationship. as a commander, he often has to mete out punishment to people who had conduct unbecoming an officer, which is another common charge. once these things become public, it's very hard to make that cat walk backwards. it's very
it's a very carefully constructed environment. if she has such material on her computer, it raises possible federal criminal issues. now, i have to tell you that this city is awash with documents that are still marked secret but really are not. and people become very casual. and it is possible that she could have gotten this material from people around general petraeus. that's part of the problem with having this type of relationship is that the general clearly wants her to be around, clearly...
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Nov 20, 2012
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it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management get selsun blue for itchy dry scalp. strong itch-fighters target scalp itch while 5 moisturizers leave hair healthy. selsun blue. got a clue? get the blue. >>> 11 minutes past the hour here. want to bring you up to speed as far as the conflict we've been covering for multiple days now. rockets back and forth between israel and gaza. we have now learned according to christiane amanpour, joins us now live from jerusalem according to this israeli government official, christiane, they are putting a hold temporarily on this potential military ground offensive. what are you learning this morning? >> well, i have just spoken to a senior israeli government official, who is very much in the loop and close to the negotiation, and he has further clarified to me what wil
it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management get selsun blue for itchy dry scalp. strong itch-fighters target scalp itch while 5 moisturizers leave hair healthy. selsun blue. got a clue? get the blue. >>> 11 minutes past the hour here. want...
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Nov 19, 2012
11/12
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FOXNEWSW
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what will it take to better protect our diplomats on our posts around the world in this challenging environment that we're in? all these, i think, are legitimate, but i'd love to see us end the partisan wrangling over this and return to what i think ought to be the essential focus, and that is where are we on the hunt for those responsible and bringing them to justice? jon: there were two attacks we're talking about here, obviously. one on the consulate and then one, apparently better organized with the use of mortars, that kind of thing, that hit the cia safehouse some hours later. are you thinking that perhaps some of the lives lost in that second attack could have been saved or should have been saved? >> well, you know, i think it's really a question of whether we had adequate security there and how much of this we can foresee. um, the folks that were involved acted in the most heroic ways, and i wish we could get out more of the information, frankly, about the heroism involved in those that were at the annex and those at the diplomatic post. one of the things, again, i think the pickering c
what will it take to better protect our diplomats on our posts around the world in this challenging environment that we're in? all these, i think, are legitimate, but i'd love to see us end the partisan wrangling over this and return to what i think ought to be the essential focus, and that is where are we on the hunt for those responsible and bringing them to justice? jon: there were two attacks we're talking about here, obviously. one on the consulate and then one, apparently better organized...
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Nov 14, 2012
11/12
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FBC
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again, a specialty retailer, sometimes it's really tough and a hard retail environment. but the stock is up 18%. they have had a really good run of it. this one will be a good test of the overall consumer out there. tracy: i'm still thinking about justin bieber singing at a victoria's secret fashion show. he's too young. he needs a haircut. i'm so old, can't i can't even take it. sandra smith, thank you so much. he's like 12. up next, cisco systems moving higher today. reporting their first-quarter results. after the bell, coming up. countdown to the closing bell, liz claman will be speaking with john chambers. countdown to the closing bell is next. do not go anywhere. before copd... i took my son fishing every year. we had a great spot, not ey to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung funcon starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that mean
again, a specialty retailer, sometimes it's really tough and a hard retail environment. but the stock is up 18%. they have had a really good run of it. this one will be a good test of the overall consumer out there. tracy: i'm still thinking about justin bieber singing at a victoria's secret fashion show. he's too young. he needs a haircut. i'm so old, can't i can't even take it. sandra smith, thank you so much. he's like 12. up next, cisco systems moving higher today. reporting their...
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Nov 12, 2012
11/12
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MSNBC
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in our environment, in our hyperpartisan environment, most people in a situation like this seeing any possibility for political advantage would have raced to expose something like this, right? general petraeus was confronted about this two weeks ago, right? two weeks before the election. chose -- ultimately decided to resign but didn't decide to resign at that moment. was there part of the reason he did not decide to resign immediately upon being confronted on this, he knew it would be embarrassing for the administration on the eve of an election? that's a reasonable inference. there's so much we don't know because so many people individually have not spoken publicly about the chain of events and their motivations in terms of keeping quiet at a moment of maximum political volatility. >> just to clarify because i've raised a lot of questions here, my biggest concern isn't what happened at the end. i understand there are a lot of conservatives that are going to be thinking that this was -- >> cover-up. >> benghazi, cover-up, that's not my concern. my concern is the beginning of this. if
in our environment, in our hyperpartisan environment, most people in a situation like this seeing any possibility for political advantage would have raced to expose something like this, right? general petraeus was confronted about this two weeks ago, right? two weeks before the election. chose -- ultimately decided to resign but didn't decide to resign at that moment. was there part of the reason he did not decide to resign immediately upon being confronted on this, he knew it would be...
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Nov 16, 2012
11/12
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CSPAN
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there is a changing security environment. there are some broader issues. we need to see if they dig into those issues. >> we appreciate your joining us. >> the senate armed services committee heard from president obama's nominee to lead the war in afghanistan. he is currently the second highest ranking officer in the marine corps and will grow place region will replace john allen. -- the second highest ranking officer in the marine corps and will replace john allen. this is two and a half hours. >> good morning, everybody. to be the next commander of the international security assistance force. this morning's hearing was originally scheduled to include the nomination of john allen to be commander of the u.s.- european command and supreme allied commander. general allan holds the position for which general done for is nominated. the department of defense request the nomination be put on hold pending a general review. we have agreed and hope the review can be completed properly. he brings a distinguished military career with over 35 years of military service
there is a changing security environment. there are some broader issues. we need to see if they dig into those issues. >> we appreciate your joining us. >> the senate armed services committee heard from president obama's nominee to lead the war in afghanistan. he is currently the second highest ranking officer in the marine corps and will grow place region will replace john allen. -- the second highest ranking officer in the marine corps and will replace john allen. this is two and...
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Nov 15, 2012
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what was our assessment, our united states assessment, of the environment and the conditions on the ground and had we in advance positioned the right resources to mitigate risk and to make sure that we could handle those known possibilities? >> all right. general marks, thank you very much. appreciate it. i want to go back to the attacks on israel and gaza. the u.n. security council now holding an emergency closed door session about the crisis. member nations called for this. maximum restraints so the situation does not deteriorate any further. the big fear is that the escalating violence could echo the 2008 war that led to israel's land invasion of gaza. the year-long war killed some 1,400 palestinians and israeli. fred joining us from jerusalem. fred, first of all, we saw the israeli prime minister benjamin netanyahu speaking earlier about the escalating violence, the tension here. here's what he said. >> no government would tolerate a situation where nearly one-fifth of its people live under a constant barrage of rockets and missile fire, and israel will not tolerate this situation. thi
what was our assessment, our united states assessment, of the environment and the conditions on the ground and had we in advance positioned the right resources to mitigate risk and to make sure that we could handle those known possibilities? >> all right. general marks, thank you very much. appreciate it. i want to go back to the attacks on israel and gaza. the u.n. security council now holding an emergency closed door session about the crisis. member nations called for this. maximum...
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Nov 14, 2012
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freedom and not dependency provides the environment needed to achieve these goals. government cannot do this for us. it only gets in the way. when the government gets involved, the goal becomes a bailout or a subsidy, and these cannot provide a sense of personal achievement. achieving legislative power and political influence should not be our goal. most of the change that is to come will not come from the politicians but rather from individuals, family, friends, intellectual leaders and our religious institutions. the solution can only come from rejecting the use of coercion, compulsion, government commands and aggressive force to most social and economic behavior. without accepting these restraints, inevitably the consensus will be to allow the government to mandate economic equality and obedience to the politicians who gain power and promote an environment that smothers the freedoms of everyone. it is then that the responsible individuals who seek excellence and self-esteem by being self-relyant and productive become the vills. in conclusion, one of the greatest
freedom and not dependency provides the environment needed to achieve these goals. government cannot do this for us. it only gets in the way. when the government gets involved, the goal becomes a bailout or a subsidy, and these cannot provide a sense of personal achievement. achieving legislative power and political influence should not be our goal. most of the change that is to come will not come from the politicians but rather from individuals, family, friends, intellectual leaders and our...
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Nov 18, 2012
11/12
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we are looking at, as you said, an environment in which people are in panic mode over the fiscal cliff. i think there is a lot of support, actually, because the population does not seem to understand what the fiscal cliff is and what it means. what they are hearing on television is a lot of hype about what will happen if the fiscal cliff is not avoided. that is actually generating quite a bit of support for both sides to come together. it seems adult. it seems like the right thing to do. put your partisan differences aside for the country, and find some way to avoid the cliff. what that means in practice is striking some kind of deal, what we have heard of, as a grand bargain. it is important to keep in mind that the grand bargain itself, is really a form of austerity. this is an austerity plan. when you have an economy that is still struggling to find its feet, and you are talking about imposing austerity, i think we have seen pretty clearly, watching europe over the last 3.5 years -- that is not a good idea. we definitely have time to start -- to stop and get this right, before we fo
we are looking at, as you said, an environment in which people are in panic mode over the fiscal cliff. i think there is a lot of support, actually, because the population does not seem to understand what the fiscal cliff is and what it means. what they are hearing on television is a lot of hype about what will happen if the fiscal cliff is not avoided. that is actually generating quite a bit of support for both sides to come together. it seems adult. it seems like the right thing to do. put...
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Nov 20, 2012
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. >> i think we need to know why he didn't say that in the briefing in the secured environment at the end of september. long past now. i think we need to know why later, it came forward and why the white house didn't know and if they didn't know, why they should have known. >> we appreciate your taking the time as we try to find out what happened on september 11th and after. >>> next, thousands of israeli soldiers are on the gaza border. he said a ground war's a possibility, but do israel's threats add up? special forces from israel faces off after this and a new factory opens in iowa. we are going to tell you why this is a really big deal in america. teps to reach yours, with us with rl advice, for real goals. the us bank wealth management advisor can help you. every step of the way. from big steps, to little steps. since 1863 we've helped guide our clients, so they can take the steps to help grow, preserve, and pass along their wealth. so their footsteps can help the next generation find their own path. all of us serving you. us bank trying to find a better job can be frustrating. s
. >> i think we need to know why he didn't say that in the briefing in the secured environment at the end of september. long past now. i think we need to know why later, it came forward and why the white house didn't know and if they didn't know, why they should have known. >> we appreciate your taking the time as we try to find out what happened on september 11th and after. >>> next, thousands of israeli soldiers are on the gaza border. he said a ground war's a...
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Nov 15, 2012
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CNBC
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so without clarity where the euro area goes, the environment will be quite difficult. p. >> okay. thanks very much for that. now, he mentioned weakness in europe. that's extending to the u.s. we are seeing futures trying to rebond here, but again, we saw levels of decline in the range of 1.3 to 1.5 yesterday for the major bourses. this morning we're really only getting about 25 points in rebound for the dow jones industrial average. which is thousand sitting at 12,559. the nasdaq and s&p are also showing a little about the of a r rebit of a rebound, but not huge moves. investors digest the growth tigs or lack thereof. spain is trying to move to the up side adding almost 0.3%, so a little better than last time we checked in. the other three down. as we're learning about the slowing of the german economy and the ftse 100, shedding 0.4%, below the 5700 mark. now, we are seeing in the uk a little better, but broadly speaking a mixed picture. we started off seeing both spain and italy moving to the down side on the bond side. now italy doing a little bit better. 4.95%. the yield fallin
so without clarity where the euro area goes, the environment will be quite difficult. p. >> okay. thanks very much for that. now, he mentioned weakness in europe. that's extending to the u.s. we are seeing futures trying to rebond here, but again, we saw levels of decline in the range of 1.3 to 1.5 yesterday for the major bourses. this morning we're really only getting about 25 points in rebound for the dow jones industrial average. which is thousand sitting at 12,559. the nasdaq and...